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Politics : PRESIDENT GEORGE W. BUSH

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To: ColtonGang who wrote (176151)8/30/2001 3:52:21 PM
From: H-Man  Read Replies (1) of 769668
 
it was.

It fact, it was the shortest recession in post-war history. It was also the mildest. Further, the short, mild 1990-91 recession came in the face of the Persian Gulf War, the restructuring of our banking system, a 1.5 percentage GDP fiscal contraction, and a 300 basis point increase in rates by the Federal Reserve.

tieconomy.com

just one of dozens of links that prove it.
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